Hyatt Hotels Co. (NYSE:H) Receives Consensus Rating of “Hold” from Brokerages

Hyatt Hotels Co. (NYSE:H) has received an average recommendation of “Hold” from the eighteen ratings firms that are covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $161.97.

A number of equities analysts have recently issued reports on H shares. Truist Financial dropped their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Wells Fargo & Company reduced their target price on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Mizuho cut their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Evercore ISI raised Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price on the stock in a research note on Wednesday, March 5th. Finally, Macquarie reduced their target price on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 14th.

Hyatt Hotels Stock Down 2.6 %

H opened at $121.50 on Tuesday. The firm has a market cap of $11.68 billion, a P/E ratio of 9.77 and a beta of 1.51. Hyatt Hotels has a twelve month low of $116.13 and a twelve month high of $168.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The business has a 50 day moving average price of $142.39 and a 200 day moving average price of $150.25.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the business posted $0.64 EPS. Research analysts forecast that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Insider Activity

In other news, insider Kinsey Wolf sold 1,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the transaction, the insider now owns 811 shares of the company’s stock, valued at approximately $99,712.45. The trade was a 55.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,600 shares of company stock valued at $1,517,798. 23.50% of the stock is owned by insiders.

Institutional Trading of Hyatt Hotels

A number of hedge funds have recently made changes to their positions in H. Natixis Advisors LLC lifted its holdings in Hyatt Hotels by 14.0% in the third quarter. Natixis Advisors LLC now owns 13,982 shares of the company’s stock valued at $2,128,000 after buying an additional 1,720 shares during the period. Quest Partners LLC lifted its position in Hyatt Hotels by 1,073.2% in the 3rd quarter. Quest Partners LLC now owns 1,443 shares of the company’s stock valued at $220,000 after acquiring an additional 1,320 shares in the last quarter. Advisors Asset Management Inc. raised its position in Hyatt Hotels by 6.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 4,070 shares of the company’s stock valued at $619,000 after buying an additional 260 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Hyatt Hotels by 12.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,500 shares of the company’s stock worth $533,000 after purchasing an additional 400 shares in the last quarter. Finally, Loomis Sayles & Co. L P boosted its position in Hyatt Hotels by 26.5% in the third quarter. Loomis Sayles & Co. L P now owns 3,116 shares of the company’s stock worth $474,000 after purchasing an additional 653 shares during the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.